Feb 06, 2013, 06.36 PM | Source: CNBC-TV18
Sudarshan Sukhani of s2analytics.com advises traders to buy Mahindra Satyam and Tech Mahindra.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, “I wouldn’t touch Hexaware Tech . It is too early. It is one day of rally after 200 days of decline. It wouldn’t put a match on it. It is not balanced also. So, we just ignore Hexaware.”
He further added, “Mahindra Satyam is an excellent chart, so also is its associate primary company Tech Mahindra. Both are worth buying. We are seeing small dips and small corrections are the way you enter these stocks on the long side.”
On Feb 06, Mahindra Satyam closed at Rs 116.45, up Rs 3.70, or 3.28%. It has touched an intraday high of Rs 116.85 and an intraday low of Rs 113.